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Morgan Stanley report suggests Gas-based power generation to go up

According to Multinational Investment Bank Morgan Stanley, power generation from gas-based plants is expected to grow at 9% CAGR vis-ร -vis the overall demand growth of 4.5% for the next 5 years. A lot of it can be attributed to...

Philippines to boost clean energy with no new coal power plant policy

In a first, The Philippines has stopped accepting any new applications for coal-based power projects. This has been done to boost other energy sectors such as natural gas as well as renewables. The word comes from the Governmentโ€™s energy...

Germany on the Path of Coal Exit by 2038

The Berlin parliament has passed the law to culminate the use of coal-fired power generation by the end of 2038. The news, however, was not taken well by climate activists who went on to heckle MPโ€™s outside the parliament....

Nabrawind and Peikko develop an innovative rock foundation for projects in Namibia

Nabrawind and Peikko have developed an innovative rock foundation for wind turbines that will be first implemented in the Elizabeth Bay wind farm developed by the renewables Franco/Namibian company InnoSun Energy. Peikko, European leader in solutions for Onshore Wind Turbine...

India approves multi-billion-dollar financing to support domestic solar and battery manufacturing

Indiaโ€™s government has agreed on a financing package that includes INR45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules. Solar modules form one of ten โ€œkey sectorsโ€ included in a production-linked...

MAN PrimeServ signs O&M contract for 200 MW Cambodian power plant

MAN PrimeServ, the after-sales brand of MAN Energy Solutions, has signed a five-year service agreement for a new 200 MW power plant near Cambodian capital Phnom Penh. The contract was signed with Cambodian O&M company SchneiTec, which is responsible for...

Doosan Heavy and Korea Midland join forces on global hydropower venture

South Korean energy companies Doosan Heavy Industries and Construction and Korea Midland Power (KOMIPO) plan to cooperate to jointly develop a new overseas hydropower business. The agreement with KOMIPO focuses on localisation of hydropower plant equipment, engineering and development of...

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